Detailed Single Year Tables

Description of Proposed Provision:
The current spouse benefit is based on 50 percent of the PIA of the other spouse. Reduce this percent each year by 1 percentage point beginning with newly eligible spouses in 2015, until the percent reaches 33 in 2031.

&nbsp

Financial Estimates for the OASDI Trust Fund Program

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

&nbsp

Expressed as a percentage of present-law taxable payroll

Trust fund ratio as of January 1

Expressed as a percentage ofpresent-law taxable payroll

Calendaryear

Costrate

Incomerate

Annualbalance

Costrate

Incomerate

Annualbalance

2014

13.95

12.67

-1.29

320

0.00

0.00

0.00

2015

13.97

12.92

-1.05

306

0.00

0.00

0.00

2016

13.97

12.89

-1.08

292

0.00

0.00

0.00

2017

13.97

12.91

-1.06

277

0.00

0.00

0.00

2018

14.02

12.93

-1.08

262

0.00

0.00

0.00

2019

14.14

12.94

-1.20

248

0.00

0.00

0.00

2020

14.32

12.96

-1.37

233

-0.01

0.00

0.00

2021

14.49

12.98

-1.51

219

-0.01

0.00

0.01

2022

14.72

13.01

-1.72

204

-0.01

0.00

0.01

2023

14.99

13.03

-1.96

188

-0.02

0.00

0.02

2024

15.25

13.05

-2.20

172

-0.02

0.00

0.02

2025

15.51

13.07

-2.44

155

-0.03

0.00

0.03

2026

15.76

13.09

-2.67

138

-0.04

0.00

0.03

2027

15.98

13.10

-2.88

120

-0.04

0.00

0.04

2028

16.19

13.12

-3.08

103

-0.05

0.00

0.05

2029

16.38

13.13

-3.25

84

-0.06

0.00

0.06

2030

16.54

13.14

-3.39

65

-0.07

0.00

0.07

2031

16.67

13.15

-3.52

46

-0.08

0.00

0.07

2032

16.78

13.16

-3.62

26

-0.09

0.00

0.08

2033

16.86

13.17

-3.69

5

-0.09

0.00

0.09

2034

16.93

13.18

-3.76

----

-0.10

-0.01

0.10

2035

16.98

13.18

-3.80

----

-0.11

-0.01

0.11

2036

17.01

13.19

-3.82

----

-0.12

-0.01

0.11

2037

17.02

13.19

-3.83

----

-0.13

-0.01

0.12

2038

17.01

13.19

-3.82

----

-0.13

-0.01

0.13

2039

16.98

13.19

-3.79

----

-0.14

-0.01

0.13

2040

16.94

13.19

-3.75

----

-0.14

-0.01

0.14

2041

16.90

13.19

-3.71

----

-0.15

-0.01

0.14

2042

16.86

13.19

-3.67

----

-0.15

-0.01

0.14

2043

16.82

13.19

-3.64

----

-0.16

-0.01

0.15

2044

16.80

13.19

-3.61

----

-0.16

-0.01

0.15

2045

16.78

13.19

-3.59

----

-0.16

-0.01

0.15

2046

16.76

13.19

-3.57

----

-0.16

-0.01

0.16

2047

16.75

13.19

-3.56

----

-0.17

-0.01

0.16

2048

16.73

13.19

-3.54

----

-0.17

-0.01

0.16

2049

16.72

13.19

-3.53

----

-0.17

-0.01

0.16

2050

16.72

13.19

-3.52

----

-0.17

-0.01

0.16

2051

16.72

13.19

-3.53

----

-0.18

-0.01

0.17

2052

16.74

13.20

-3.54

----

-0.18

-0.01

0.17

2053

16.76

13.20

-3.56

----

-0.18

-0.01

0.17

2054

16.79

13.20

-3.59

----

-0.18

-0.01

0.17

2055

16.84

13.20

-3.63

----

-0.18

-0.01

0.17

2056

16.88

13.21

-3.68

----

-0.18

-0.01

0.17

2057

16.93

13.21

-3.72

----

-0.18

-0.01

0.17

2058

16.98

13.21

-3.77

----

-0.18

-0.01

0.17

2059

17.03

13.22

-3.81

----

-0.18

-0.01

0.17

2060

17.08

13.22

-3.86

----

-0.18

-0.01

0.17

2061

17.13

13.22

-3.90

----

-0.18

-0.01

0.17

2062

17.17

13.23

-3.94

----

-0.18

-0.01

0.17

2063

17.22

13.23

-3.99

----

-0.18

-0.01

0.17

2064

17.27

13.23

-4.03

----

-0.18

-0.01

0.17

2065

17.31

13.24

-4.08

----

-0.18

-0.01

0.17

2066

17.36

13.24

-4.12

----

-0.18

-0.01

0.17

2067

17.41

13.24

-4.17

----

-0.18

-0.01

0.17

2068

17.46

13.25

-4.21

----

-0.18

-0.01

0.18

2069

17.51

13.25

-4.26

----

-0.19

-0.01

0.18

2070

17.55

13.25

-4.30

----

-0.19

-0.01

0.18

2071

17.60

13.25

-4.34

----

-0.19

-0.01

0.18

2072

17.63

13.26

-4.37

----

-0.19

-0.01

0.18

2073

17.66

13.26

-4.40

----

-0.19

-0.01

0.18

2074

17.68

13.26

-4.42

----

-0.19

-0.01

0.18

2075

17.69

13.26

-4.43

----

-0.19

-0.01

0.18

2076

17.70

13.26

-4.44

----

-0.19

-0.01

0.18

2077

17.70

13.26

-4.44

----

-0.19

-0.01

0.18

2078

17.70

13.26

-4.44

----

-0.19

-0.01

0.18

2079

17.71

13.26

-4.44

----

-0.19

-0.01

0.18

2080

17.71

13.26

-4.45

----

-0.19

-0.01

0.18

2081

17.73

13.26

-4.46

----

-0.19

-0.01

0.18

2082

17.75

13.26

-4.48

----

-0.19

-0.01

0.18

2083

17.77

13.27

-4.51

----

-0.19

-0.01

0.18

2084

17.81

13.27

-4.54

----

-0.19

-0.01

0.18

2085

17.85

13.27

-4.58

----

-0.19

-0.01

0.18

2086

17.90

13.27

-4.62

----

-0.19

-0.01

0.18

2087

17.95

13.28

-4.67

----

-0.19

-0.01

0.18

2088

18.00

13.28

-4.72

----

-0.19

-0.01

0.18

2089

18.05

13.28

-4.77

----

-0.19

-0.01

0.18

&nbsp

Summarized Estimates

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

Years

Costrate

Incomerate

Actuarialbalance

Year of reserve depletion1

Costrate

Incomerate

Actuarialbalance

Based on Intermediate Assumptions of the 2014 Trustees Report.

2014-2088

16.65%

13.88%

-2.76%

2033

-0.12%

-0.01%

0.12%

&nbsp

1 Under present law, the year of Trust
Fund reserve depletion is 2033.